Business
Business, 16.04.2020 17:58, samanthalopez11

Portman Industries just paid a dividend of $2.16 per share. The company expects the coming year to be very profitable, and its dividend is expected to grow by 16.00% over the next year. After the next year, though, Portman's dividend is expected to grow at a constant rate of 3.20% per year. The required rate of return is 13.6%. Assuming that the market is in equilibrium, use the information given to answer the following question. What will Portman's stock price be one year from now? a. $23.76 b. $24.55 c. $24.09 d. $22.78

answer
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 23:30, Sebs1
Afreelance​ singer-songwriter is planning the restoration of a recently purchased civil​ war-era farmhouse. while he professes an enjoyment​ of, and talent in the construction​ trades, the theory of comparative advantage implies that a. the value of what he imports​ (in this​ case, professional contractor​ services) must equal the value of what he exports​ (songs). b. he should concentrate on the restoration work since his​ out-of-pocket costs will be much lower than if he hires professionals. c. ​self-sufficiency is​ advantageous, hence he should split his time between music and construction. d. the income lost while away from music will likely exceed the savings realized by doing the work​ himself, thus, he should hire professionals to do the restoration work. e. he ought to do as much of the work himself as possible since imports​ (in this​ case, professional contractor​ services) should always be restricted to those things that cannot be done internall
Answers: 2
image
Business, 22.06.2019 06:00, bobbyxii6033
Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr
Answers: 2
image
Business, 22.06.2019 09:30, tankddd
Which of these is not a result of regular exercise
Answers: 1
image
Business, 22.06.2019 11:40, ayoismeisalex
In each of the following, what happens to the unemployment rate? does the unemployment rate give an accurate impression of what’s happening in the labor market? a. esther lost her job and begins looking for a new one. b.sam, a steelworker who has been out of work since his mill closed last year, becomes discouraged and gives up looking for work. c.dan, the sole earner in his family of 5, just lost his $90,000 job as a research scientist. immediately, he takes a part-time job at starbucks until he can find another job in his field.
Answers: 2
Do you know the correct answer?
Portman Industries just paid a dividend of $2.16 per share. The company expects the coming year to b...

Questions in other subjects:

Konu
World Languages, 11.10.2021 01:00
Konu
Advanced Placement (AP), 11.10.2021 01:00
Konu
Mathematics, 11.10.2021 01:00
Konu
Mathematics, 11.10.2021 01:00
Konu
Mathematics, 11.10.2021 01:00